TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Investors cool on stocks

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

Daily Photo Galleries

By Andrew Tangel
Saturday, Feb. 23, 2013, 12:01 a.m.
 

Investors have been plowing billions of dollars into stocks this year, but new data show the torrent of money has been slowing this month — particularly into U.S. equities.

Starting in January, investors began pouring into stocks after President Obama and Congress defused much of the “fiscal cliff.” The Federal Reserve, meanwhile, has nudged investors into riskier assets like stocks by lowering interest rates and making safer investments less attractive.

In the week ending Jan. 16, investors shoved $9.2 billion into equity mutual funds, according to data from the Investment Company Institute.

But the inflows have been tapering off, and in the week ending Feb. 13, investors put $5.7 billion into stock funds.

The slowdown into domestic stocks has been more pronounced. In the week ending Jan. 16, investors put $4.9 billion in U.S. equity funds. By the week ending Feb. 13, the inflow had slowed to $509 million, according to ICI data.

 

 
 


Show commenting policy

Most-Read Stories

  1. Ross brothers ordered to pay fine, remove debris from Christmas display
  2. Playoff experience pays off for Kittanning in preliminary round win over Elizabeth Forward
  3. SUV crashes into house in Sheraden
  4. Rossi: Fleury is, and will remain, Penguins’ soul
  5. Nearing season’s midpoint, Steelers still have issues to sort out
  6. Calgon Carbon poised for explosive growth
  7. High school roundup: Derry volleyball downs Brownsville in prelminary round
  8. House 58th District seat candidates focus on education, taxes
  9. Unity rally aims to counter negativity of KKK message in ’97
  10. CMU spinoff’s CEO gets council honors
  11. Statements to stand in Connellsville High School athlete’s slaying
Subscribe today! Click here for our subscription offers.